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Ram Prasad

8 months ago

There are number of lenders who will lend if your parents are guarantors, however Erol, you and your partner should be able to service the entire loan. I am an independent broker and can help you obtain a loan from a number of lenders. I wish you good luck in your journey.

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Oktay

8 months ago

Hi Erol, having your parent guarantor on the loan for your first home is a great way to enter the property market. We always come up with a strategy to purchase your first home and also come up with a budget and a plan to have your parents removed as guarantors from the loan as quick as possible. I would be happy to help you purchase your first property and help you come up with a strategy to pay it off as quickly as possible. We work with a range of lenders that offer the family guarantee option and rates start from 3.59%. Feel free to contact me. Oktay

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Milan

8 months ago

Hi Erol, Family guarantee has been one of the most popular home loan inquiries in Sydney, in fact I just completed 2 about a month ago and would love to assist you with regards to the lenders and rates. Note, some lenders specialize in these types of home loans and it just happens to be that they have some really competitive offers. Please let me know if you need detailed competitive offers via visiting my HashChing profile and inquiring with me directly. Once you've done that it won't take more than 15 minutes for me to check some offers and let you know. Cheers, Milan

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David

8 months ago

Evening Erol, As per the above comments there are several options available with various competitive pricing options. These will vary over time. We have completed many similar loans and in fact I made my original home purchase using the same strategy. However different lenders approach it differently and we would have to take both your and your folks circumstances into consideration. Best to sit down and look at the broader picture! Take care

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Amy

8 months ago

Hi Erol, There are some great rates and banks our there that will take a parental guarantee. Starting at 3.59% Keep in mind alot of these banks will check both you and your parents financial situation. Cheers Amy

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Iva

8 months ago

Hi there Erol - there are some fantastic deals available for FHB’s on the market! These include rates starting at 3.59% and cash back offers from reputable lenders if the loan is over a certain amount. I’d be happy to sit down and have a chat with you and your parents so I can find the most suitable deal for you! Hope to hear from you soon. Iva R.

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Jennifer

8 months ago

Lots of options and some very good rates for first home buyers !

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Umit

8 months ago

Hi Erol, Having parents go security guarantor is a very popular way for First Home Buyers to enter the property market. I have a great variety of lenders who provide these kinds of loans; and rates start from as low as 3.59% (4.42%CR). I'd be happy to assist you and your partner with obtaining a family guarantee loan pre-approval and explaining the steps involved to you as well as to your parents. Please feel free to click through and contact me through my profile anytime. Cheers, Umit

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Harry

8 months ago

Hey Erol, hope you’re well. There’s a decent number of Lenders that can assist. I have some great options on the panel. Namely a 2 year fixed rate at 3.69% and you’ll receive a rebate from the Lender if the loan is over $250k. Feel free to contact me for more details. Cheers and all the best, Harry

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